Seanad debates

Friday, 16 December 2005

Social Welfare Bill 2005: Committee and Remaining Stages.

 

12:00 pm

Michael Brennan (Progressive Democrats)

There would obviously be substantial financial implications in adding 20 years to the scheme. I will examine the matter but I do not want to make any commitments at this point in time. The scheme was established in 1994 and has been welcomed. Any changes made in these areas tend to be like pulling a string because the whole garment can follow and, as many schemes are interrelated, unintended consequences often arise when a scheme is changed. One must fully assess the knock-on issues. I do not have a figure in terms of the cost of adding 20 years but I will revert to the Senator if I can determine it.

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